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overwhelmingly reject a tax on savings. >> in syria, the government and rebels trade accusations of using chemical weapons in a village near aleppo. >> pope francis officially begins his papacy in rome with a promise to embrace the whole of humanity. >> in a vote expected to have wide ranging consequences, lawmakers in cyprus have delivered a decisive and overwhelming note to a government tax to lead the bank accounts. >> that means government cash for pensions, welfare, and health care could dry up as early as may. parliament voted less than an hour ago, following to be would days of high drama, handing the government and brussels a resounding defeat with no delegates voting in favor of the plan. 36 no votes and 19 abstentions. >> the house speaker had urged mp's to say no to blackmail in the vote on the bureau's own bailout package. his words clearly catching the angry mood in the chambers and on the streets. outside the parliament building, angry crowds also called for a no vote and held up signs, warning that other nations like italy and spain could be next in line. for the latest, le
. they threw out the european union plan that included a levy on bank accounts. government leaders need to raise $5.8 billion euros to qualify for a bailout worth $10 billion. they accepted an eu plan that involved taking money from people's bank accounts. lawmakers flew that plan out. the government leaders want to raise the collateral by reorganizing major banks and creating a fund without using people's savings. they want to have the lie and's biggest bank absorb the rest. members of the staff union are protesting in front of the parliament building. they say breaking up the bank would destroy 2,000 jobs. even if lawmakers approve the new plan, eu officials may reject it. leaders in germany had doubts about the way leaders intend to raise the money. analysts say the negotiations will be tough. cyprus' finance minister tried to get help from russia but he's on his way home empty handed. he spent two days talking with his russian counterpart bloomberg quotes him as saying he hadn't been able to get the support he wanted and he said he still has a chance to get the russians to ease the
. >> the israeli government hopes washington can help tackle the region's most pressing challenges. the upheavals triggered by the arabs spring have increased political instability, and the threat of iran's nuclear program is ever present, but not everyone is happy to see obama. palestinians in the occupied west bank and here on the gaza strip have been protesting. >> obama's visit shows that the u.s. is providing legitimacy and support to the occupation of our land. >> obama is scheduled to travel to the west bank and jordan before leaving the region on saturday. >> let's cross over now live to our correspondent, who is covering the president's visit for us. barack obama and benjamin netanyahu have not enjoyed the warmest of relationships. how did they come across at the press conference? >> this was an interesting press conference. they tried to joke around. they clearly tried to show that at this time, they were trying to put personal differences aside. experts all say they might not become best friends, but they might find a way to try to work together. that is one of the angles of this visit
within a year to minimize possible damages. >>> japanese government officials say north korea has violated united nations trade sanctions. they filed a report with the united nations accusing the country of exporting nuclear related materials. japanese customs officials found aluminum alloy rods last august on a cargo ship docked in tokyo. the vessel had come from north korea via the chinese city of dalian. the japanese government introduced legislation three years ago allowing customs agents to inspect suspicious cargo from north korea. experts concluded that the aluminum rods could be used as parts for centrifuges in a nuclear facility. this violates a u.n. security council resolution that bans north korea from trading in nuclear-related materials. japanese officials have ordered the storage company to hand over the cargo. >>> it took two months of negotiations but he's been sworn in. they will lead a block that support jewish settlements. no party was able to capture in january. netanyahu entered into negotiations to form his coalition. lawmakers approved the new government. he
in syria. ghassan hitto lived in the u.s. for decades but now he will govern parts of syria controlled by rebel forces. members of the syrian national coalition met in istanbul, turkey. they voted to elect hitto who moved to turkey last year to help coordinate the opposition. the coalition plans to launch an interim government for northern syria which is under rebel control. 70,000 syrians have died in two years of fighting between rebels and president bashar al assad's forces. analysts say some in the coalition see hitto as an outsider. they also doubt rebel groups which are not part of the coalition will accept an interim government. >>> people across iraq are looking back at a war that caused many problems. u.s. forces invaded their country. saddam hussein collapsed, but it continued on much longer. nhk world's sho beppu covered the war and its aftermath. he's now back in baghdad. sho, how are things in the iraqi capital now? >> reporter: right. i can say that it changed quite a lot compared to those worse days. it seems lively, at least on the surface, streets in baghdad are busy,
as the government's scramble to put together a new bailout plan for the broken financial sector. >> the clock is ticking. ecb says cyprus must come up with ed bop -- viable bailout plan by monday. if not, there will cut off funding, also listening the country into bankruptcy. >> there's also talk of a solidarity investment fund that could include bonds backed by the government and even by churches. >> angry separates -- cyprian -- separates -- cypriots gathered outside the parliament building here the latest reports say cypriot officials are mulling a special fund as contributions coming reportedly from the island's wealthy orthodox church, from pension funds, and the central bank's gold reserves. the governor of the island's central bank was confident a solution would be found. >> i expect there will be a program of support for cyprus until monday. >> as the politicians tried to come up with a last-to address you, the mood on the streets debt is to spur a panic. earlier in the day, police clashed with angry bank employees after rumors spread that the island's second-biggest lender was to be
government officials have instructed the operator of the fukushima plant to install more backup power. employees struggled for more than a day. >> reporter: we told them to supply multiple power sources and implement other efforts as quickly as possible to restore public confidence in the safety of the plan. the handling has greatly damaged public trust. >> tepco officials failed to report the problem promptly. they ordered them to improve their risk management. it took crews more than day to restore power to all the cooling systems. >>> march 20th anniversary. iraqi leaders remain confidence that renewed oil production will help pave the way for prosperity. they are already investing more in the region to meet growing energy demand around the world. >> reporter: the ground beneath the deserts of southern iraq hold some of the world's largest untapped oil deposits. decades of war and sanctions left the country's oil industry in a state of disrepair. but multinational corporations have returned to start new oil production. this is the oil field in southern iraq. i'm standing here on a
the government to renegotiate the eurozone bailout deal. >> turkish politicians raising hopes of an impending cease-fire around the conflict that has claimed 40,000 lives. >> the government backing away from banning the far right mpd. captioned by the national captioning institute >> thank you for being with us. frantic meetings are under way in which the government ministers in cyprus are trying to reverse the levy is imposed on bank accounts. cyprus may be a test case. "politicians in cyprus are reporting to scale back demands. france and germany have emphasized there were not behind the move. they do have a large russian community and vladimir putin has called on a fair, and professional, and dangerous. >> they will vote on the levee on tuesday. >> they do not understand why they should be the first to bail them out from their own savings. they have been trying to gather support. the there are forced to pay a one off tax of 6.75%. and is not just the terms of the bailout making people here angry. some people feel they are being lied to. >> none of the promises they're ma
. can the government come up with a bankruptcy plan for the banks? we will go live to nicosia. >> u.s. president barack obama wraps up his three-day tour of the middle east with a final stop in jordan and a bit of telephone peace brokering. and "cloud atlas" is the front runner in this year's nominations for the german film prize, the lolas. for cyprus, the coming weekend is make or break time. lawmakers have two more days to come up with a bailout plan for the banks or risk sending the whole country into economic collapse. >> the european central bank has said cyprus must come up with 5.8 billion euros by monday in order to qualify for a 10 billion euro bailout. if nicosia fails, the ecb will cut off funding to the ivan. russia further increase pressure on friday, saying it will not offer financial aid until a final plan that the eu is sealed. >> that has the government in nicosia backed or it was a few days ago. that includes a controversial tax on bank accounts to fund the bailout. >> people in cyprus brave the storm to protest outside parliament ahead of a crucial few hours for
's affected computer networks to their normal status and find out what caused the outages. government officials in seoul have dealt with several cyber attacks in the past. they overloaded websites with mass iive amounts of data in ju 2009. they confirmed for the first time a cyber attack by north korea. in march 2011 hackers blocked access to the website of the office of the south korean president and other government agencies. they traced the take to a north korean government agency in china. two months later another agency halted atm services at a south korean bank. professor kim jong un says the latest cyber attack is different from those in the past. >> translator: many private firms use shared servers. workers for these companies use the same programs in the same computer systems to send out emails and access data. if hackers infect such a shared server with a computer virus, all the firms using the same server will be affected. i think this is what happened today. i think it was an organized crime. because the perpetrators were familiar with our schedule. they aimed for 2:00, wh
, giving the government new tools to resolve large financial institutions when they feel in a way it will not hurt taxpayers and not subject them to risk. well, it forced losses on the shareholders and creditors of the large financial institutions, which is where they belong. it also requires the federal reserve board to have much tougher prudential standards, so higher capital, more stable liquidity, less reliance on short-term debt. those are the types of things that were problems during the crisis and the fed has been mandated to have better regulation to prevent banks from getting in trouble to begin with. the volcker rule, too, a key part, it was designed to prohibit proprietary trading by those institutions in the government safety net. if you're a bank holding company that has an insured bank that has fdic-backed deposits or access to the federal reserves discount window, you have a lot of government support provided to traditional banks. so volcker is really about customer service. your banking model should be serving customers, making loans. if you're facilitating trading
, government's there will be an agreement on that pit the crunch time will be sometime next august. if there is going to be a grand bargain, whether it is a grand bargain or mini-grand bargain, that is when it is going to take place. run out ofl start to the class and the president is a lame duck and the race to succeed him dominates the political landscape. >> people are getting fed up with this. >> they are getting fed up, but the polls are very fungible. i don't know if the abc poll reflects the charm offensive trade right now looks like a president is really trying to do something. on the other hand, it looks like john boehner is digging in and say, "oh, he's just having dinner stock was i don't know if people like that, either. >> it is completely washington jokesville! . people. >> what happened to the modern middle -- moderate middle of this show? what's happened to evan? >> the charm offensive is not working on john boehner. >> i think the president, for whatever reason, this has been so long delayed in his presidency, his charm offensive. this is a man he was charmed some
not think we need to started here. >> good news, the government will not shut down, not at least until the end of september. >> i think we need to give credit to senator barbara mikulski on this. she negotiated a great deal in the senate and also the house. she has come through as a top- notch legislator. that said, bigger problems are ahead of us. >> the 8% of defense will kick in, so there will be furloughs. >> they have delayed the furloughs because of the continuing resolution. >> that is a good point because 28% of all federal hires are we talk about how much we revere and respect and admire veterans. they are the ones that will get laid off. >> the republicans are lucky that the ryan plan does not have a chance. if the american people got wind of the kind of cuts that would happen under this budget, and most people do not pay attention to this back-and-forth, but it started to happen, they would not like it at all. you can see that in all the data. >> i hate to be critical of you -- actually, i do not really. but you missed the story on the budget. the real news is the senate off
the country's tried to take, the government's tried to take a big step forward, under the clinton administration and then under the first year of the obama administration. and each time the senate killed it. >> yeah. but the key thing there is that each time both the clinton administration and the obama administration tried to do this it was essentially a top-down, inside the beltway strategy. we are going after and trying to cajole and convince and persuade the members of the senate and the house to pass this legislation without first engaging the broad public and building a citizens movement, a issue public as i talked about before that was actually demanding change. because in the end politicians care about their job. and if they don't feel like there's a political price to pay for opposing action on climate change or alternatively a political opportunity to be had by being a leader on this issue, it's very easy for them to say, "you know what? i've got a lot of other things here on my plate to deal with. i've got lots of lobbyists coming into my office as well as people back h
, their eyes are watering. >> while george w. bush was president, the government changed some of the laws that protected the nation's drinking water. >> ♪ so it all goes back to 2005 ♪ ♪ bush said gas drillers didn't have to comply ♪ ♪ with the safe drinking water act ♪ ♪ before too long it was "frack, baby frack" ♪ ♪ until the break of dawn >> with fracking that's not properly regulated comes another threat -- the release of toxic gas into the air. >> so, on top of the drinking water being contaminated and undrinkable, the air is also posing a serious health problem, as well. >> alex is from the environmental working group. they want to prevent pollution. rachel works for a company that represents the gas industry. they want to help america benefit from an important source of fuel. both sides probably agree on one thing... >> ♪ now, it's not that drillers should never be fracking ♪ ♪ but the current regulation is severely lacking ♪ ♪ reduce the toxins, contain the gas and wastewater ♪ ♪ and the people won't get sick ♪ ♪ and the planet won't get hotter,
Search Results 0 to 14 of about 15